Incorrys
Incorrys
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Global Electric Generation by Source
As the global shift towards sustainable energy intensifies, it is essential to understand the evolving landscape of electric power generation. Incorrys projections foresee a significant transformation in the electric power generation mix over the next seven years; out to 2030.
Total global power generation, from all energy sources, grew at an average annual rate of 2.8% between 2010 and 2023 from under 20,000 TWh to almost 28,000 TWh. Coal and natural gas have been the primary energy sources for power generation accounting for about 60% of the total in 2023 (37% and 23% respectively), down from 67% in 2010.
Incorrys expects total generation to grow at a robust 3.3% annually through 2030 reaching 35,000 TWh. To meet this growth of over 7,000 TWh, all forms of electric generation are forecast to grow, with the exception of coal which remains relatively flat; note that Incorrys does not expect any great reduction in global coal-fired generation through at least 2030. While nuclear, hydro, and biogas, forecast to grow at an annual rate of 3%, contribute about 1,800 TWh to the growth (about 25%), the majority (about 4,700 TWh or 2/3) is met by wind and solar. Natural gas generation accounts for the remaining 600 TWh or 8% of the expected growth. Now, let’s take a closer look at the pivotal drivers of this structural change in electricity generation - primarily wind and solar, and the key role natural gas plays.
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#incorrys #energy #globalenergy #powergeneration #canada #energymarkets #windpower #solarpowergeneration
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Images by: Kelly, Roman Odintsov, Braeson Holland, Karl Gerber,
Gerrit Wilcke, Kindel Media
Переглядів: 183

Відео

Global Natural Gas Generation Forecast
Переглядів 1252 місяці тому
Natural gas has played a significant role in power generation worldwide, offering a cleaner alternative to coal. But how will its role evolve as the world shifts towards cleaner energy? Join us in this comprehensive analysis of the global natural gas power generation landscape from 2022 through 2030 and beyond. In this video, we explore: - The historical growth of natural gas power generation, ...
Global Greenhouse Gas Emissions
Переглядів 1092 місяці тому
In 2015, nearly every country worldwide united under the Paris Agreement, committing to limit global warming to below 2°C above pre-industrial levels, with a preference for keeping it under 1.5°C by 2030. Achieving this ambitious goal requires a 45% reduction in greenhouse gas (GHG) emissions from 2010 levels, equivalent to cutting 24 billion tons of CO2 equivalent. However, recent data suggest...
Copper for Electric Vehicles
Переглядів 1813 місяці тому
Copper, a symbolic metal with a rich history, is becoming a key player in the modern era of electric vehicles (EVs), where clean energy and sustainability play a crucial role. EVs, aimed at reducing carbon emissions and utilizing energy efficiently, are creating a new demand for copper, especially in the electrical systems of transportation. Incorrys believes that there will be sufficient coppe...
Coal Power Generation Forecast
Переглядів 1554 місяці тому
Coal-fired power generation is by far the largest source of electricity worldwide, albeit it is the largest greenhouse gas emitter too, both overall and on a TWh basis. Driven by global efforts to reduce greenhouse gas emissions, the market share of coal generation has been declining, modestly, from over 40% 10 years ago to 35% in 2022. However, it still remains the largest source of electric g...
Lithium Production Forecast
Переглядів 3295 місяців тому
Will Lithium Production Be Sufficient for Electric Vehicle Industry? The rapid growth of the electric vehicle (or EV) market has sparked concerns about whether the supply of raw materials will be sufficient to meet the long-term demand for EV batteries. Lithium - a metal that gives batteries more life and the ability to hold an electrical charge longer - is one such critical mineral. Incorrys d...
Hydropower Generation in 2023 and Beyond
Переглядів 7765 місяців тому
Hydroelectric power generation is one of the oldest, largest, and most reliable sources of renewable energy and is larger than all other renewables combined (including wind, solar, bioenergy and geothermal), although it is losing market share as wind and solar generation grows rapidly. In fact, of the total global power generation mix, hydropower ranks 3rd largest behind coal and natural gas an...
LNG in 2023 and Beyond
Переглядів 1,1 тис.6 місяців тому
The global Liquified Natural Gas (LNG) market experienced a turbulent year in 2022. The market upheaval caused by the Russia/Ukraine conflict has stimulated significant interest in liquefaction and regasification facilities worldwide as markets seek to re-establish energy security priorities. In this video, Incorrys takes a look at the supply side of the global LNG market and the expected growt...
Biogas Power Generation Forecast
Переглядів 2759 місяців тому
Biogas is a gaseous renewable energy source produced from raw materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste, wastewater, and food waste. Biomethane, on the other hand, is upgraded biogas to near pure methane. Combined, these two renewable energy sources only account for about 5% of the total bioenergy market and well under 1% of global primar...
Wind Power Generation Forecast
Переглядів 1,1 тис.10 місяців тому
Wind Power Generation Forecast
Global Solar Power Generating Forecast
Переглядів 428Рік тому
Global Solar Power Generating Forecast
Small Modular Reactors
Переглядів 1,4 тис.Рік тому
Small Modular Reactors
Chip Shortage Impact on Electric Vehicles
Переглядів 399Рік тому
Chip Shortage Impact on Electric Vehicles
Electric Vehicles Price Trends
Переглядів 152Рік тому
Electric Vehicles Price Trends
Russian Oil Production Basins
Переглядів 6 тис.Рік тому
Russian Oil Production Basins
Cost of Russian Oil
Переглядів 1,1 тис.Рік тому
Cost of Russian Oil
Price Cap on Russian Oil
Переглядів 1,1 тис.Рік тому
Price Cap on Russian Oil
Russian Oil Reserves: Impact of Sanctions on Russian Oil
Переглядів 1,9 тис.Рік тому
Russian Oil Reserves: Impact of Sanctions on Russian Oil
Tanker Fleet to Redirect Russian Oil from Europe to Asia
Переглядів 6 тис.Рік тому
Tanker Fleet to Redirect Russian Oil from Europe to Asia
Propane in Western Canada
Переглядів 375Рік тому
Propane in Western Canada
Liquified Natural Gas (LNG) Markets
Переглядів 6 тис.2 роки тому
Liquified Natural Gas (LNG) Markets
Oil Price Forecast
Переглядів 1882 роки тому
Oil Price Forecast
Hydrogen Production in North America
Переглядів 2542 роки тому
Hydrogen Production in North America
How Much Oil Does US Produce and Expected to Produce
Переглядів 7 тис.2 роки тому
How Much Oil Does US Produce and Expected to Produce

КОМЕНТАРІ

  • @dalenbickenbach9533
    @dalenbickenbach9533 13 годин тому

    Yep. Just to slow to renewables for a lot of us.

  • @ruaplikator
    @ruaplikator 2 місяці тому

    Noone talking about this, and this is the gist. Peak oil is upon us

  • @NazariiTsybenko
    @NazariiTsybenko 2 місяці тому

    #incorrys #top #forecast #emission #top #canada #gas #world #global #top10

  • @incorrys9039
    @incorrys9039 2 місяці тому

    #incorrys #energymarket #canada #emission #ghg #forecast #top #topnews #gas #top10

  • @incorrys9039
    @incorrys9039 3 місяці тому

    #carbon #lng #Canada #forecast #world #incorrys

  • @incorrys9039
    @incorrys9039 3 місяці тому

    #Oil #Canada #Forecast #Incorrys #oilandgas

  • @robertweekley5926
    @robertweekley5926 3 місяці тому

    Natural Gas, is also Cleaner than Propane! But, why are we Exporting it, when we could use it at home?

    • @mosienko1983
      @mosienko1983 3 місяці тому

      We'll still have plenty. Importing it to countries that now use coal, or are dependent on supplies from evil countries like Russia, is a good thing.

  • @incorrys9039
    @incorrys9039 3 місяці тому

    #Canada #gas #LNG #Calgary #energymarket #Incorrys

  • @badbattleaxe5832
    @badbattleaxe5832 3 місяці тому

    Thanks to the Biden administration he cut oil drilling dramatically for his green new deal. Hence the extremely high gas prices.

  • @jamesg6625
    @jamesg6625 4 місяці тому

    i don't see the decline to power cost reflect on my utility bill.

  • @taurus66
    @taurus66 4 місяці тому

    But you people don’t about the pollution you are creating? You’re not talking about just like solar farms in California thats the corrupt Democrats you guys are filling the pockets of democrats.

  • @js_youtube70
    @js_youtube70 5 місяців тому

    American Battery ABAT

  • @user-uv3jh2fu2h
    @user-uv3jh2fu2h 6 місяців тому

    #gas#lng#world#enegymarket#russia#war#sanctions

  • @polinatelingater
    @polinatelingater 6 місяців тому

    Yes, everything is changing definitely. 2 years ago it was impossible to imagine the current situaion of the world's politics, therefore economy and so on. It is very hard to prognose further.

  • @abhishekchowdhury4395
    @abhishekchowdhury4395 9 місяців тому

    Which books to read to have complete knowledge about Bio gas and the industry?

    • @GlenHensbergen
      @GlenHensbergen 9 місяців тому

      You’re best bet is to simply google biogas or renewable natural gas and you will find a number of government sources and various organizations that offer a wealth of information.

  • @irmabardhoshi6517
    @irmabardhoshi6517 9 місяців тому

    Don’t believe in clime charade change😁

  • @runedahl1477
    @runedahl1477 9 місяців тому

    Look up Copenhagen Atomics. They seem to be ahead of the rest.

  • @cs7th
    @cs7th 10 місяців тому

    Wind power will go the same way as the yo-yo. A short term craze for something that was ultimately useless in proving reliable long term energy needs.

  • @will-fullyblindorwill-fullystu
    @will-fullyblindorwill-fullystu 10 місяців тому

    renewable isn't renewable...it will need constant servicing, repairs and replacement for what...about 20% of what has been working

  • @user-dc2ot2tj2b
    @user-dc2ot2tj2b 10 місяців тому

    forecasting depending on what you us coffee thee or glas if it is not working be happy you can blame climate change if thatis not working blame the gender problem i can not say here why a wind mill is a he and she. but i know th efficiency fro a wind mill is not even 4 % 96 % from the power to a wind miil is going to the ground well any way 4% better than lightning that is going 100 % to the ground

  • @michaelbagley9116
    @michaelbagley9116 11 місяців тому

    Until we actually do something first, then nothing will change.

  • @donalddouglas5988
    @donalddouglas5988 Рік тому

    Engineers have been promising cheap nuclear power for 70 years. They have yet to deliver.

  • @hassibanwar5847
    @hassibanwar5847 Рік тому

    Nice graphs bro

  • @daveandrews9634
    @daveandrews9634 Рік тому

    These estimates are based on max expected power generation which are about 30-50% to high.

  • @ruziguraalexis6133
    @ruziguraalexis6133 Рік тому

    Alot of thinking has been put in place to over come the challenges you have stated beyond what was imagined

  • @jackmaven
    @jackmaven Рік тому

    Informative video, keep up the good work!

  • @josdesouza
    @josdesouza Рік тому

    That sounds like an additional incentive for Russia to diversify its economy as a whole. And it's already happening, otherwise Russia wouldn't be able to weather so many Western sanctions relatively unscathed.

  • @polish22doves
    @polish22doves Рік тому

    Seems like it's working. 💙💛🤞

  • @andreyhempburn
    @andreyhempburn Рік тому

    The cost was less than 20$ per bbl in 2010‘s. Today I mostly hear 35$ or 40$ thrown around.

  • @IRISHMAN555
    @IRISHMAN555 Рік тому

    End this war and all wars

  • @Khan-xo8yp
    @Khan-xo8yp Рік тому

    Send me oil I buy soon

  • @Khan-xo8yp
    @Khan-xo8yp Рік тому

    Don't give oil

  • @Mzale
    @Mzale Рік тому

    Great info 👍🏼

  • @cwl2629
    @cwl2629 Рік тому

    China will not obey the price cap, instead will increase quantity and will refined it and sell it to the desperate EU at a higher price, just like what the U.S. is doing with natural gas to Europe.

  • @friendofhashem
    @friendofhashem Рік тому

    This is STUPID. Russia is selling oil to India and China. as Europe is cut out of Russian oil they will buy from China. Russia will sell the oil either way. This song and dance show is designed to hurt the world economy.

  • @phildazz
    @phildazz Рік тому

    Russia will send nuclear submarines to guide there shipments. Oil producers will never allowed the West to control the price of Oil as the West have done with Gold.

  • @xo2893
    @xo2893 Рік тому

    Russia is better coming to sell oil in Asia

  • @lshepherd5859
    @lshepherd5859 Рік тому

    01:50 wow , ukraine should invade russia to use those resources to rebuild what the evil russia has destroyed

  • @AsquarE464
    @AsquarE464 Рік тому

    It's good if the Russian people export their oil to the world without payment. Payment can be done after Putins war...

  • @SCVIndy
    @SCVIndy 2 роки тому

    Unfortunately long term oil is a nonrenewable fossil fuel thus once exhausted gone forever .. pumping it out faster will make it last shorter

  • @marianhoban9086
    @marianhoban9086 2 роки тому

    1LITRE/1$DOLLAR!

  • @angelalasorsa2056
    @angelalasorsa2056 2 роки тому

    That's trump

  • @jvalentine8376
    @jvalentine8376 2 роки тому

    Australia is now the World biggest LNG exporter slightly ahead of Qatar .

  • @MartinChowdhury
    @MartinChowdhury 2 роки тому

    ExtraOrdinary

  • @goflames4938
    @goflames4938 2 роки тому

    Very insightful, this is fantastic!